INTERCONTINENTAL RIYADH King Saud Road, PO Box 3636, Riyadh 11481 T: (+966) 11 465 5000 www.intercontinental.com/riyadh reservations.icriyadh@ihg.com Rooms: 275 rooms, with 140 standard rooms, 39 junior suites, five large executive suites, two royal suites, 56 club rooms, 10 presidential suites, five club royal suites and 18 cabana...
What should investors and local entrepreneurs take into account prior to investing in the Kingdom?
In 2016 Saudi Arabia launched its ambitious economic transformation plan, Vision 2030. The long-term Vision 2030 involves diversifying the Saudi Arabian economy by steering the country away from its traditional dependence on oil. The ambition and scope of Vision 2030 is unprecedented, and the plan will promote the Kingdom’s regional, cultural and religious significance to...
ETIQUETTE: There are social expectations for interactions between unrelated men and women, which is polite to follow when visiting Saudi Arabia. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their...
Saudi Arabia’s Capital Market Authority (CMA) approved updated corporate governance regulations (CGRs) for joint-stock companies listed on the Saudi Stock Exchange (Tadawul) in February 2017, and amended them in May 2019. The new CGRs reflect efforts to enhance the competitiveness of the Saudi exchange to investors. The regulations set...
Direct and indirect taxation have been used to increase non-oil revenues and provide services for citizens. Whether it is corporate, individual income, sales, excise or value-added tax (VAT) or custom duties, the main objective is typically to increase revenue and, in some instances, change the behaviour of citizens. Excise taxes on tobacco...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×